Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Friday, May 24th will be paid a dividend of 0.0429 per share on Friday, May 31st. This represents a $0.51 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Thursday, May 23rd.
Eaton Vance Municipal Bond Fund has decreased its dividend by an average of 7.1% annually over the last three years.
Shares of NYSEAMERICAN:EIM opened at $12.35 on Wednesday. Eaton Vance Municipal Bond Fund has a fifty-two week low of $10.90 and a fifty-two week high of $12.64.
Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.
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